Call Fusion Real Estate Appraisals to order valuations of Saint Louis City foreclosures

Real Estate Owned and Foreclosure Appraisal in Saint Louis City County

Houses that have reverted to the bank's possession and homes in foreclosure present specific appraisal challenges.

For a house in foreclosure, you need to recognize the difference between the market value and a "quick disposition" value to know your potential charge-off liability. At Fusion Real Estate Appraisals, we have the knowledge in both providing snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that consider your time line.

You need a company who has the training to handle the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Fusion Real Estate Appraisals.

Occupants of properties in foreclosure may be unwilling to allow an inspection of the house, thus presenting unique challenges. If they left the home already, they might have overlooked the care of the property for some time - or unfortunately, damaged the property.

For real estate that has gone back to REO, you likewise will be interested in a fast disposition. However, you may want to know and examine the concepts of "as-is", "as repaired", and "quick sale" values. These symbolize:

  • The value of the home without any work done to it
  • Value with the work called for to make the house marketable at full market value - consistent with similar properties in the neighborhood
  • With minimal investment in repairs - to sell the property quickly, seemingly to someone inclined to finish the job themselves
Again, we understand your time line and the specific circumstances of a bank owned home, as well as the specific data you will need - competing listings, market trends, and the like. You can count on Fusion Real Estate Appraisals to handle the task of your bank owned property with expertise and professionalism. Contact us today.